Cuts to US taxes boost profits at Berkshire Hathaway as Buffett warns on misleading GAAP rules


Warren Buffett’s Berkshire Hathaway, which owns substantial insurance and reinsurance operations, posted record quarterly and annual results for 2017 – mainly fuelled by the big cuts to US corporate income tax, signed in by President Donald Trump last year.

Berkshire Hathaway, 2017 results, Warren Buffett, US tax cuts, GAAP, Insurance, Reinsurance, North America

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